ANALYSIS| Fair Value Gains Drive First Mutual Properties to ZWL$25bn After Tax Profit
TweetShareSharePin0 SharesBy ETimes Financial Performance Highlights ZSE listed property concern First Mutual Properties earned a Net Profit After Tax of ZWL$25 billion. The performance was a return to profitability following…
Proplastics expects to report fairly amid rise in USD transactions
TweetShareSharePin0 SharesBy ETimes With the increased usage of the US dollar in the market in settling transactions, Proplastics says it will help to present its accounts fairly and limit its…
Star Africa full year operating profit up 255%
TweetShareSharePin0 SharesBy ETimes Star Africa posted on Thursday a rise of 255% in full-year operating profit, but the sugar manufacturer continues to make an effort to find the whereabouts of…
ZSE extends bullish sentiment, investors gain $47.3bn
TweetShareSharePin0 SharesBy ETimes The local bourse on Thursday gained 3.80%, extending bullish sentiment to two consecutive trading sessions in the week. After 11 consecutive sessions in the negative, share prices…
Delayed payments drag down Masimba’s half-year cash flows
TweetShareSharePin0 Shares…posts 75% jump in order book By ETimes Masimba Holdings’ order book was worth about US$145 million in the first six months of 2022, up from $83 million in…
ZIMRE Holdings says business environment is fragile in the region
TweetShareSharePin0 SharesBy ETimes In its half year to June 30, 2022, ZIMRE Holdings said it experienced a mixed business environment in the jurisdictions it operates in. “The 2022 operating environment has…
Equities sustains sliding profile as bear run enters 11th day
TweetShareSharePin0 SharesBy ETimes The Zimbabwe Stock Exchange ended Tuesday’s trading session in negative territory. The mainstream ZSE All Share Index closed at 9,848.30 points, down 1.34%. A negative market breadth…
Govt renegotiating contracts to weed out economic hitmen
TweetShareSharePin0 SharesBy ETimes Government through the Treasury, said it is now very strict in enforcing measures to enhance economic stability after the persistent rottenness in the market regarding pricing by…
Zimbabwe’s economy resilient despite high uncertainty: IMF Staff
TweetShareSharePin0 SharesBy ETimes Zimbabwe’s economy has proven to be resilient in the face of large shocks, said the International Monetary Fund (IMF) while warning that uncertainty still prevails. In order…
TSL logistics operations registers growth in Q3
TweetShareSharePin0 SharesBy ETimes Listed agro and logistics firm TSL said its group revenue for the third quarter ending July 31, 2022 was 61 percent ahead in inflation adjusted terms of…